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AMD reports weaker-than-expected earnings even as revenue tops estimates

cnbc.com Kif Leswing 2025-12-09 10:58:24

Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled "Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation," in Hart building on Thursday, May 8, 2025. Advanced Micro Devices reported quarter earnings on Tuesday that missed estimates. The stock slid about 4% in extended trading. Here's how the chipmaker did versus LSEG expectations for the quarter ended June:

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Super Micro shares plunge 15% on weak results, disappointing guidance

cnbc.com Jordan Novet 2025-12-09 10:42:19

Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance. Here's how the company did in comparison with LSEG consensus: Earnings per share: 41 cents adjusted vs. 44 cents expected 41 cents adjusted vs. 44 cents expected Revenue: $5.76 billion vs. $5.89 billion

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Palantir stock pops 6% after blowout quarter driven by AI, efficiency demand

cnbc.com Samantha Subin 2025-12-09 15:16:37

Palantir's U.S. government revenues rose 53% from the year-ago period to $426 million as the company continues to benefit from President Donald Trump 's focus on efficiency. U.S. revenues grew 68% year over year $733 million, while U.S. commercial revenues nearly doubled to $306 million. "We're very proud and we're sorry that our haters are disappointed, but there are many more quarters to be disappointed, and we're working on that too," he added. CEO Alex Karp called the earnings results a "

Topics: billion company million revenues year

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Axon jumps 16% after TASER maker tops results and boosts outlook on security needs

cnbc.com Samantha Subin 2025-12-10 00:56:20

Axon Enterprise 's stock popped 16% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Topics: billion demand guidance security solutions

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US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

news.ycombinator.com Unknown 2025-12-10 00:44:01

A new report out of Taiwan has revealed that the current US administration is tying the reduction on trade of trade tariffs on Taiwan to significant TSMC investment in the US. This investment includes a 49% stake in Intel. 4 Reviews ← exclude selected types The current US administration, led by President Donald Trump, has employed trade tariffs as the primary way to reduce the US's trade deficit with partner countries. However, the US tariff policy has been erratic and unpredictable. These tar

Topics: billion company intel taiwan tsmc

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OpenAI announces two “gpt-oss” open AI models, and you can download them today

arstechnica.com Unknown 2025-12-10 00:00:27

OpenAI is releasing new generative AI models today, and no, GPT-5 is not one of them. Depending on how you feel about generative AI, these new models may be even more interesting, though. The company is rolling out gpt-oss-120b and gpt-oss-20b, its first open-weight models since the release of GPT-2 in 2019. You can download and run these models on your own hardware, with support for simulated reasoning, tool use, and deep customization. When you access the company's proprietary models in the c

Topics: 120b billion gpt models oss

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Axon jumps 14% after TASER maker tops results and boosts outlook on security needs

cnbc.com Samantha Subin 2025-12-10 05:37:26

Axon Enterprise 's stock popped 14% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Topics: billion demand guidance security solutions

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EPA Moves to Cancel $7B in Grants for Solar Energy

news.ycombinator.com Maxine Joselow 2025-12-10 10:29:28

The Trump administration is preparing to terminate $7 billion in federal grants intended to help low- and moderate-income families install solar panels on their homes, according to two people briefed on the matter. The Environmental Protection Agency is drafting termination letters to the 60 nonprofit groups and state agencies that received the grants under the “Solar for All” program, with the goal of sending the letters by the end of this week, according to the two people, who spoke on the co

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Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand

cnbc.com Samantha Subin 2025-12-10 20:58:12

Palantir's U.S. government revenues rose 53% from the year-ago period to $426 million as the company continues to benefit from President Donald Trump 's focus on efficiency. U.S. revenues grew 68% year over year $733 million, while U.S. commercial revenues nearly doubled to $306 million. "We're very proud and we're sorry that our haters are disappointed, but there are many more quarters to be disappointed, and we're working on that too," he added. CEO Alex Karp called the earnings results a "

Topics: billion company million revenues year

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What Does One Billion Dollars Look Like?

news.ycombinator.com Unknown 2025-12-11 18:34:29

According to Forbes, as of early March, 2023 there were 2,640 billionaires worldwide, 735 in the U.S. alone. These billionaires have each amassed at least one billion dollars worth of assets, including stocks, real estate, and cash — many of them much more than that. But just how big is one billion? A number that large is hard to conceive of. Well, it's 1,000,000,000; ten to the ninth power; one-thousand millions. That might help some…but not much. How big is a million? Hard to say when we're j

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ChatGPT rockets to 700M weekly users ahead of GPT-5 launch with reasoning superpowers

venturebeat.com Michael Nuñez 2025-12-11 23:42:05

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now OpenAI’s ChatGPT will reach 700 million weekly active users this week, the company announced Monday, cementing its position as one of the fastest-adopted software products in history just as the company prepares to release its most powerful language model yet. The surge is a 40 percent jump from the 500 million weekly users ChatGPT had at

Topics: ai billion chatgpt openai users

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Palantir tops $1 billion in revenue for the first time, boosts guidance

cnbc.com Samantha Subin 2025-12-12 05:30:54

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here's how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software provider's revenues grew 48% during the period. Analysts hadn't expected the $1 billion reve

Topics: billion cents expected revenue year

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Figma's stock sinks more than 20% after last week's IPO pop

cnbc.com Jordan Novet 2025-12-12 20:51:02

Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025. Figma shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50 to $94.50 as of midday. That's down from a close of $122 on Friday. Figma and top stockholders sold about 37 million shares at $33 per share late Wednesday, yielding around $412 million in proceeds flowing to the company. On Thurs

Topics: billion companies company figma stock

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Microsoft tops $4T in valuation: Great news for MSFT, not so great for workers

news.ycombinator.com More This Author 2025-12-13 00:11:36

If you own Microsoft stock, you’ve got to be happy. Microsoft’s latest financial results for the quarter ending June 30, 2025 were robust: Revenue reached $76.4 billion (up 18% year-over-year), with net income at $27.2 billion (up 24%). The primary driver was robust growth in Microsoft’s cloud and AI businesses. Azure’s revenue, which has finally been separated out in the financial reporting, now stands at $75 billion in annual revenue, representing a 34% surge for the year. Put it all togethe

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Tesla Approves Elon Musk’s $29 Billion Pay Package Despite Political Risks

gizmodo.com Bruce Gil 2025-12-13 05:45:09

Despite the headaches Tesla has faced from Elon Musk’s political antics, the company’s board just signed off on a new pay package for the CEO that is worth a whopping $29 billion. The new compensation terms come after a Delaware judge blocked a previous $55 billion compensation plan from 2018, siding with shareholders who argued the deal was unfairly approved. The plan was also announced during a pivotal moment for the struggling EV maker, which is trying to expand into robotaxis and humanoid

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Silicon Valley’s AI Spend Goes Berserk as Microsoft Starts Cashing In

gizmodo.com Ece Yildirim 2025-12-14 00:00:27

Meta, Apple, Microsoft, and Amazon all reported quarterly earnings this week, and there was a common thread tying them together: a boom in AI spending and plans to increase it even more, beyond analyst expectations. Although capital expenditures above expectations often don’t tend to make investors particularly happy, it had pretty much the opposite effect this week, especially for Meta and Microsoft, both of which saw a pop in their stock following the releases. And for Microsoft, which poste

Topics: ai billion company meta year

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Samsung posts brutal financials as chip business profits plunge by 94%

techspot.com Alfonso Maruccia 2025-12-14 20:32:00

What just happened? Samsung's chip division has been in trouble for months, but the latest quarterly results confirm the slump is even deeper than feared. The company now faces heavy losses in semiconductors even as other divisions struggle to keep its profits afloat. Samsung Electronics recently posted its second-quarter financial results, and they're worse than expected. According to CBNC, the Korean tech giant reported revenue of 74.6 trillion won ($53.7 billion US), slightly up from 74.07 t

Topics: billion chip samsung trillion year

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Apple’s Tim Cook Talks Trump Tariffs and AI

gizmodo.com Bruce Gil 2025-12-14 20:05:13

On Thursday, Apple CEO Tim Cook said the Silicon Valley company could end up spending nearly $2 billion thanks to President Donald Trump’s tariffs. “For the June quarter, we incurred approximately $800 million of tariff-related costs,” Cook told investors on an earnings call. He added that the company expects those costs to climb to $1.1 billion in the quarter ending in September if Trump’s tariff policies remain unchanged. As Apple watchers know, that’s the same month when the new round of iPh

Topics: ai apple billion company trump

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Amazon stock sinks 8% after earnings: Here are the key takeaways

cnbc.com Annie Palmer 2025-12-15 00:02:13

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Amazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren't good enough to please Wall Street. Amazon stock slid following the release and throughout the conference call. Shares were down about 8% Friday. The

Topics: ai amazon billion cloud said

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Apple reports Q3 2025 earnings: $94.04 billion in revenue, up 10% (charts)

9to5mac.com Marcus Mendes 2025-12-13 22:35:54

Apple just released its earnings report for fiscal Q3 2025 ended June 28. The company generated $94.04 billion in revenue, up 10% from the same quarter last year, and above the expected revenue of $89.22 billion. Here’s the full breakdown. AAPL Q3 2025 earnings Apple reported $1.57 earnings per share for Q3 2025, and $23.42 billion in profit. Here is the full breakdown of the top numbers: Total revenue: $94.04 billion iPhone revenue: $44.58 billion Mac revenue: $8.05 billion iPad revenue:

Topics: apple billion earnings q3 revenue

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Nintendo revenue doubles as Switch 2 sales top 5.8 million units

techspot.com Shawn Knight 2025-12-15 10:39:00

What just happened? Nintendo has a hit with its new Switch 2 console, and now it has the numbers to prove it. For the first quarter of the fiscal year ending March 2026, the company more than doubled its net sales, jumping from 246.6 billion yen to 572.3 billion yen (roughly $3.9 billion). That figure easily beat analyst expectations, with LSEG forecasting just 474.84 billion yen. Operating profit checked in at 56.9 billion yen versus the 53.46 billion yen that Wall Street was anticipating. Un

Topics: billion million nintendo sales switch

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Apple's tariff costs and iPhone sales are soaring - how long until device prices are too?

zdnet.com Adrian Kingsley-Hughes 2025-12-15 20:37:40

Elyse Betters Picaro / ZDNET ZDNET's key takeaways Tariffs cost Apple approximately $800 million last quarter. That bill will go up to about $1.1 billion this quarter. Apple says 1 in 10 iPhone sales in April were due to tariff fears. Apple earnings calls usually have a theme, and there's usually a word associated with that theme that ends up being repeated many times throughout the call. During yesterday's call, the theme and repeated word was "tariffs." iPhone sales were up Because of

Topics: apple billion company iphone tariffs

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OpenAI raises $8.3B at $300B valuation

news.ycombinator.com Andrew Ross Sorkin 2025-12-15 20:22:39

Andrew here. It’s a huge morning of news: We have an exclusive on OpenAI’s latest fund-raising round, with some new boldfaced investor names and one big check; we sort through the latest tariff news and what comes next; we also dive into Figma’s I.P.O. for the ages, and more. And stay tuned for the jobs numbers, which come out shortly. OpenAI’s latest mega-round While Wall Street has been focused on how tech giants are spending on artificial intelligence, the most prominent name in the field,

Topics: billion huge latest openai round

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Klarna might reschedule its IPO for September

techcrunch.com Dominic-Madori Davis 2025-12-15 18:00:00

In Brief Klarna might look to IPO as early as September, sources told Bloomberg. The news comes as fintech stock prices surge and the US IPO market strengthens. Klarna filed for IPO back in March but paused such plans only a month later after President Trump’s tariff announcements rattled the market. At the time, Klarna was looking to raise at least $1 billion and nab a $15 billion valuation. By June, however, Klarna’s co-founder and CEO, Sebastian Siemiatkowski, took a different turn. When as

Topics: billion company ipo klarna market

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OpenAI reportedly raises $8.3B at $300B valuation

techcrunch.com Rebecca Bellan 2025-12-15 20:09:14

ChatGPT-maker OpenAI has raised $8.3 billion at a $300 billion valuation, reports The New York Times. The deal is part of OpenAI’s broader strategy to secure $40 billion this year. The oversubscribed round came months ahead of schedule, per the NYT. OpenAI initially raised $2.5 billion from VC firms in March when it announced its intention to raise $40 billion in a round spearheaded by Softbank. The AI giant had planned to take on an additional $7.5 billion by the end of the year, but beat itse

Topics: billion capital investors openai round

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Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

techspot.com Rob Thubron 2025-12-16 00:22:00

What just happened? Apple has sold a lot of iPhones since the first model launched in 2007. As we approach the 20-year anniversary, Cupertino's handsets have hit a milestone: 3 billion units have now been shipped. It was an excellent quarter overall for Apple, partly spurred by people panic-buying its products over fears that the Trump tariffs would drastically increase their prices. With fears of falling behind rivals in the AI race, struggling in its once-dominant China market, and facing pre

Topics: ai apple billion quarter revenue

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Amazon stock sinks 7% after earnings: Here are the key takeaways

cnbc.com Annie Palmer 2025-12-16 00:42:33

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Amazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren't good enough to please Wall Street. Amazon stock slid following the release and throughout the conference call. Shares were down about 7% Friday. Prof

Topics: ai amazon billion cloud said

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VC industry has become a better career for women over the past 7 years

techcrunch.com Dominic-Madori Davis 2025-12-16 00:00:00

In Brief Women are making strides in the venture capital world, according to a new report published by the nonprofit All Raise and as first reported by the Wall Street Journal. All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018. The survey also found that many women (a quarter of survey respondents) were promoted last year and that investors were still interested in backing underrepresented founders (75% of in

Topics: billion firms led report women

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Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation

techcrunch.com Rebecca Bellan 2025-12-16 00:21:26

In Brief AI storage platform Vast Data is in talks with Alphabet’s venture arm CapitalG and existing backer Nvidia to raise a fresh round that could value the startup at up to $30 billion, Reuters reported, citing two sources. TechCrunch reported last month that Vast Data was working to raise funds at a $25 billion valuation. The round could close in the next few weeks, per Reuters, which would make New York-based Vast Data — last valued at $9.1 billion in 2023 — one of the most valuable tech

Topics: ai billion data million vast

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Apple has sold 3 billion iPhones but Android is still king of the world

androidauthority.com Unknown 2025-12-16 12:40:20

Aamir Siddiqui / Android Authority TL;DR Apple recently announced it has sold over 3 billion iPhone units since its introduction in 2007. The iPhone contributed to almost $44 billion in sales for the April–June quarter of 2025. Apple took just four years to reach this milestone since completing sales of 2 billion units back in 2021. The iPhone is more than a mere smartphone. While we at Android Authority focus mainly on Android (it’s in the name!), many of the contributors and staff members

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Latest Tech News

AMD reports weaker-than-expected earnings even as revenue tops estimates

Super Micro shares plunge 15% on weak results, disappointing guidance

Palantir stock pops 6% after blowout quarter driven by AI, efficiency demand

Axon jumps 16% after TASER maker tops results and boosts outlook on security needs

US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

OpenAI announces two “gpt-oss” open AI models, and you can download them today

Axon jumps 14% after TASER maker tops results and boosts outlook on security needs

EPA Moves to Cancel $7B in Grants for Solar Energy

Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand

What Does One Billion Dollars Look Like?

ChatGPT rockets to 700M weekly users ahead of GPT-5 launch with reasoning superpowers

Palantir tops $1 billion in revenue for the first time, boosts guidance

Figma's stock sinks more than 20% after last week's IPO pop

Microsoft tops $4T in valuation: Great news for MSFT, not so great for workers

Tesla Approves Elon Musk’s $29 Billion Pay Package Despite Political Risks

Silicon Valley’s AI Spend Goes Berserk as Microsoft Starts Cashing In

Samsung posts brutal financials as chip business profits plunge by 94%

Apple’s Tim Cook Talks Trump Tariffs and AI

Amazon stock sinks 8% after earnings: Here are the key takeaways

Apple reports Q3 2025 earnings: $94.04 billion in revenue, up 10% (charts)

Nintendo revenue doubles as Switch 2 sales top 5.8 million units

Apple's tariff costs and iPhone sales are soaring - how long until device prices are too?

OpenAI raises $8.3B at $300B valuation

Klarna might reschedule its IPO for September

OpenAI reportedly raises $8.3B at $300B valuation

Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

Amazon stock sinks 7% after earnings: Here are the key takeaways

VC industry has become a better career for women over the past 7 years

Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation

Apple has sold 3 billion iPhones but Android is still king of the world

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